CORRIGENDUM NO. II No. CIV/ 112/2012/SM (CE ... - Tenders India

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b) If the tenderer is a joint venture company / consortium of companies, the
experience of the joint venture company / consortium of companies during the
preceding seven years as specified above shall be taken into account.
Alternatively in the absence of having the required experience and if they
want to rely on the experience of the individual participating companies, the
experience of those participating companies will be taken into account for the
purpose of this tender, provided all the participating companies (participants
of the joint venture company or the consortium as the case may be) enter into
a legally binding unconditional agreement committing / undertaking the
individual participating company liable and responsible for the performance
of the contract in all respects and the same shall be furnished with the tender.
Further, all the participating companies shall give a guarantee, jointly or
severally, to the Cochin Shipyard Limited making them liable for, and
undertaking, jointly and severally, the performance of the contract in all
respects and shall be submitted along with the tender.
c) If the tenderer is a subsidiary company and if they want to rely on the
experience of its holding company/or another subsidiary of the holding
company, the experience of such holding company / subsidiary will be taken
into account for the purpose of this tender, provided the tenderer enter into a
legally binding unconditional agreement with the holding company/subsidiary
company, committing / undertaking the holding / subsidiary company liable
and responsible for the performance of the contract in all respects and the
same shall be furnished with the tender. Further, such holding
company/subsidiary company shall give a guarantee, jointly or severally, to
Cochin Shipyard Limited making them liable for, and undertaking, the
performance of the contract in all respects and the same shall be submitted
along with the tender.
II) FINANCIAL TURNOVER:
Average Annual Financial Turnover of the tenderer during the last three financial
years ending 31 st March 2012 shall not be less than Rs. 127 Lakhs. An audited
balance sheet and profit & loss Account for the preceding 3 years has to be
submitted in proof of financial turn over.
a) If the tenderer is a partnership firm, the average annual financial turnover of the
firm for the last three financial years shall be taken into account. Alternatively, in
the absence of having the required financial turnover and if the firm wants to rely
on the turnover of its individual partners, the financial turnover of such individual
partners during the last three financial years combined and put together will be
taken into account for the purpose of this tender. The partners shall be jointly and
severally liable and responsible for the performance of the contract in all respects
and this liability and responsibility of the partners shall be incorporated / reflected
in the partnership deed. Otherwise a legally binding, unconditional agreement to
the effect executed between all the partners of the firm shall be furnished with the
tender.